U.S. Bancorp
Description
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. In addition, the company offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. Further, it provides investment and insurance products to its customers principally within its domestic markets, as well as fund administration services to mutual and other funds. Additionally, the company provides corporate and purchasing card, and corporate trust services. Furthermore, it offers trust and investment management, merchant and ATM processing, mortgage banking, insurance, and brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.
About
CEO
Mr. Andrew J. Cecere
Employees
70,000
Instrument type
Common Stock
Sector
Financial Services
Industry
Banks - Regional
MIC code
XNYS
Address
800 Nicollet Mall, Minneapolis, MN 55402, United States
×
![Enlarged Chart]()
Oscillators
Invalid data format
Summary
Invalid data format
Moving Averages
Invalid data format
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 19, 2027 | — | — | — | — |
| Oct 15, 2026 | — | — | — | — |
| Jul 16, 2026 | — | — | — | — |
| Apr 16, 2026 | — | — | — | — |
| Jan 20, 2026 | — | — | — | — |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 15 | 15 | 20 | 20 |
| Average estimate | 0.97 | 1.09 | 4.36 | 4.84 |
| Low estimate | 0.94 | 1.04 | 4.17 | 4.54 |
| High estimate | 1.03 | 1.13 | 4.56 | 5.10 |
| Last year EPS | 0.78 | 0.97 | 3.98 | 4.36 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
24.970%
Next qtr. (Jun 2025)
12.220%
Current year (Dec 2025)
9.540%
Next year (Dec 2026)
10.950%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 28.01B | 24.18B | 22.72B | 23.23B | 22.88B |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 11.14B | 9.61B | 9.09B | 8.26B | 8.04B |
| Other operating expenses | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | — | — | — | — | — |
| Pretax income | 6.87B | 7.30B | 10.17B | 6.05B | 8.59B |
| Tax provision | 1.41B | 1.46B | 2.18B | 1.07B | 1.65B |
| Net income | 5.46B | 5.84B | 7.99B | 4.99B | 6.95B |
| Basic EPS | 3.27 | 3.69 | 5.11 | 3.06 | 4.16 |
| Diluted EPS | 3.27 | 3.69 | 5.10 | 3.06 | 4.16 |
| Basic average shares | 1.54B | 1.49B | 1.49B | 1.51B | 1.58B |
| Diluted average shares | 1.54B | 1.49B | 1.49B | 1.51B | 1.58B |
| EBITDA | — | — | — | — | — |
| Net income from continuing op. | 5.43B | 5.83B | 7.96B | 4.96B | 6.91B |
| Minority interests | -29.00M | -13.00M | -22.00M | -26.00M | -32.00M |
| Preferred stock dividends | 28.00M | 28.00M | 55.00M | 34.00M | 29.00M |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | — | — | — | — | — |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 61.19B | 53.54B | 28.91B | 62.58B | 22.41B |
| Other short term investments | 69.44B | 72.05B | 132.41B | 136.44B | 122.34B |
| Accounts receivable | — | — | — | — | — |
| Other receivables | 8.34B | 10.08B | 12.37B | 13.71B | 14.19B |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 1.42B | 1.57B | 1.19B | 1.15B | 1.25B |
| Land and improvements | 515.00M | 535.00M | 445.00M | 487.00M | 504.00M |
| Machinery furniture equipment | 3.01B | 3.49B | 3.44B | 3.44B | 3.37B |
| Construction in progress | 68.00M | 46.00M | 23.00M | 25.00M | 21.00M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -4.64B | -5.07B | -4.95B | -5.15B | -4.95B |
| Goodwill | 31.06B | 31.90B | 24.26B | 22.70B | 22.53B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 6.08B | 7.16B | 3.74B | 2.86B | 3.22B |
| Investments and advances | 153.41B | 160.79B | 174.26B | 136.44B | 122.34B |
| Other non current assets | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | |||||
| Accounts payable | — | — | — | — | — |
| Accrued expenses | — | — | — | — | — |
| Short term debt | 11.46B | 29.56B | 9.59B | 9.56B | 21.73B |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 51.48B | 39.83B | 32.13B | 41.30B | 40.17B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 21.00M | 21.00M | 21.00M | 21.00M | 21.00M |
| Retained earnings | 74.03B | 71.90B | 69.20B | 64.19B | 63.19B |
| Other shareholders equity | -10.10B | -11.41B | -1.94B | 322.00M | -1.37B |
| Total shareholders equity | 55.77B | 51.23B | 55.39B | 53.73B | 52.48B |
| Additional paid in capital | 8.67B | 8.71B | 8.54B | 8.51B | 8.48B |
| Treasury stock | 24.13B | 25.27B | 27.27B | 25.93B | 24.44B |
| Minority interest | 465.00M | 466.00M | 469.00M | 630.00M | 630.00M |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | 5.43B | 5.83B | 7.96B | 4.96B | 6.91B | 7.10B | 6.22B | 5.89B | 5.88B | 5.85B | 5.84B | 5.65B | 4.87B | 3.32B | 2.21B | 2.95B | 4.32B | 4.75B | 4.49B | 4.17B | 3.73B | 3.29B | 1.71B | 2.88B | 1.51B | 1.33B | 760.70M | 415.40M | 136.60M | 116.60M | 298.00M | 311.80M | 65.80M | 64.90M | 58.00M |
| Depreciation | 1.02B | 560.00M | 497.00M | 527.00M | 502.00M | 467.00M | 468.00M | 470.00M | 481.00M | 501.00M | 520.00M | 561.00M | 565.00M | 596.00M | 607.00M | 573.00M | 619.00M | 588.00M | 689.00M | 794.00M | 957.60M | 838.30M | 813.50M | 654.90M | 308.10M | 274.10M | 214.80M | 122.60M | 33.70M | 30.60M | 144.50M | 88.10M | 19.60M | 17.90M | 18.00M |
| Deferred Taxes | — | — | — | — | — | — | — | — | — | — | -69.00M | 49.00M | 748.00M | -370.00M | -545.00M | -1.05B | -97.00M | -3.00M | -301.00M | 281.00M | 272.70M | 357.90M | -184.00M | 357.10M | 55.70M | 25.90M | 30.30M | 31.20M | 19.70M | 7.30M | 64.00M | 22.20M | -2.70M | -6.70M | -7.60M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -401.00M | 12.56B | 4.12B | -3.04B | -2.80B | 2.53B | -330.00M | -775.00M | 2.69B | -853.00M | 4.87B | 3.00B | 2.18B | -1.40B | 1.35B | 541.00M | -2.16B | 86.00M | -1.75B | -502.00M | 1.33B | -369.80M | 503.70M | 1.02B | 603.70M | 72.90M | 120.10M | 253.90M | -18.20M | 63.50M | 215.50M | 157.60M | 26.60M | 40.30M | 35.10M |
| Accounts Receivable | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 29.10M | 80.50M | — | — | — |
| Accounts Payable | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 348.30M | 198.40M | — | — | — |
| Operating Cash Flow | 6.05B | 18.94B | 12.58B | 2.45B | 4.62B | 10.09B | 6.36B | 5.58B | 9.05B | 5.50B | 11.16B | 9.26B | 8.36B | 2.15B | 3.61B | 3.02B | 2.68B | 5.42B | 3.13B | 4.74B | 6.30B | 4.12B | 2.84B | 4.91B | 2.47B | 1.70B | 1.13B | 823.10M | 171.80M | 218.00M | 1.10B | 858.60M | 109.30M | 116.40M | 103.50M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -192.00M | -670.10M | -429.80M | -299.20M | -382.80M | -134.00M | -155.80M | -623.30M | -83.50M | -20.00M | -30.50M | -80.10M | -89.60M | -16.70M | -8.00M | -9.20M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -330.00M | 12.26B | -661.00M | -556.00M | — | — | — | — | — | 3.44B | -58.00M | 94.00M | 636.00M | 923.00M | 3.07B | 1.48B | -111.00M | -600.00M | -1.01B | -322.00M | — | 1.37B | -741.40M | 9.04B | -220.50M | -780.20M | — | — | — | — | 9.80M | 67.40M | — | — | — |
| Purchase of Investments | -9.27B | -31.68B | -100.13B | -68.66B | -40.52B | -19.87B | -27.57B | -38.86B | -29.74B | -37.35B | -26.36B | -26.85B | -31.73B | -25.04B | -15.12B | -6.08B | -9.82B | -7.08B | -13.15B | -19.62B | -51.13B | -26.47B | -32.28B | -12.16B | -1.77B | -603.50M | -8.07B | -1.01B | -214.40M | -609.30M | -889.40M | -1.56B | -479.40M | -457.80M | -286.00M |
| Sale of Investments | 23.69B | 57.08B | 58.37B | 56.24B | 31.84B | 19.43B | 24.43B | 34.24B | 24.65B | 17.17B | 19.68B | 23.77B | 15.14B | 17.45B | 13.10B | 7.86B | 6.35B | 6.45B | 15.30B | 20.48B | 35.52B | 25.63B | 23.81B | 12.32B | 2.54B | 2.21B | 6.03B | 1.73B | 867.30M | 645.40M | 1.28B | 1.01B | 458.00M | 454.80M | 332.00M |
| Investing Cash Flow | 12.90B | 32.26B | -41.76B | -13.06B | -9.97B | -729.00M | -3.54B | -4.30B | -6.61B | -16.24B | -7.04B | -4.25B | -17.03B | -7.60B | 978.00M | 1.91B | -4.95B | -1.51B | -12.00M | -112.00M | -19.43B | -1.94B | -3.65B | -7.30B | -2.72B | -3.91B | -2.17B | 33.00M | 558.00M | -824.00M | 363.20M | -302.20M | -150.70M | -305.80M | -373.50M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | 15.58B | 8.73B | 2.63B | 14.50B | 9.90B | 12.08B | 9.43B | 10.72B | 5.07B | 16.39B | 2.04B | 4.97B | 3.61B | 7.04B | 6.04B | 8.53B | 22.40B | 14.26B | 15.52B | 13.70B | 11.47B | 10.65B | 11.70B | 5.86B | 5.82B | 6.78B | 1.52B | 152.30M | — | 148.10M | 440.00M | 160.80M | 22.50M | — | — |
| Long-Term Debt Payments | -4.08B | -6.93B | -11.43B | -14.48B | -11.12B | -2.93B | -10.52B | -9.50B | -5.31B | -4.13B | -2.88B | -11.42B | -3.30B | -8.39B | -11.74B | -16.55B | -16.84B | -13.12B | -12.85B | -12.68B | -8.97B | -8.37B | -10.54B | -5.28B | -3.05B | -3.01B | -45.50M | -229.40M | -5.50M | -33.50M | -256.20M | -294.20M | -10.40M | -5.70M | -1.50M |
| Other Financing Charges | — | — | -167.00M | — | — | — | — | -40.00M | — | — | — | — | — | -4.00M | -139.00M | — | — | — | — | 1.00M | — | — | — | 112.70M | 153.20M | 220.40M | 1.90M | 151.60M | 1.20M | 1.40M | 34.50M | 30.20M | 400,000 | 600,000 | 600,000 |
| Financing Cash Flow | -7.43B | 13.23B | -12.37B | -15.96B | 1.18B | 2.10B | -3.17B | -17.01B | -5.43B | 10.84B | -3.14B | -11.47B | -2.49B | -1.12B | -15.48B | -4.15B | 6.23B | 4.45B | 6.06B | -643.00M | 4.81B | -6.50B | 5.17B | 128.70M | 1.23B | 2.88B | 1.88B | -413.30M | -350.40M | 293.60M | -49.30M | -239.00M | -54.10M | 150.70M | -49.90M |
| Other Cash Details | |||||||||||||||||||||||||||||||||||
| End Cash Position | 61.19B | 53.54B | 28.91B | 62.58B | 22.41B | 21.45B | 19.51B | 15.71B | 11.15B | 10.65B | 8.48B | 8.25B | 13.96B | 14.49B | 6.21B | 6.86B | 8.88B | 8.64B | 8.20B | 6.54B | 8.78B | 11.19B | 9.75B | 9.13B | 4.75B | 4.86B | 3.95B | — | — | — | 2.71B | 3.41B | — | — | — |
| Income Tax Paid | 645.00M | 767.00M | 535.00M | 1.03B | 941.00M | 365.00M | 555.00M | 595.00M | 742.00M | 748.00M | 812.00M | 1.47B | 495.00M | 424.00M | 344.00M | 1.97B | 1.88B | 2.26B | 2.13B | 1.77B | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 12.28B | 2.72B | 1.06B | 2.20B | 4.40B | 3.06B | 2.09B | 1.59B | 1.43B | 1.48B | 1.76B | 2.22B | 2.56B | 2.63B | 3.15B | 4.89B | 6.36B | 5.34B | 3.37B | 2.03B | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 8.45B | 21.12B | 9.87B | 3.72B | 4.89B | 10.56B | 6.47B | 5.34B | 8.78B | 5.33B | 11.45B | 7.96B | 9.82B | 5.24B | 7.60B | 5.31B | 2.90B | 5.39B | 3.48B | 5.31B | 8.01B | 3.36B | 1.88B | 4.34B | 2.55B | 1.22B | 442.70M | 756.80M | 94.50M | 175.30M | 455.70M | 568.90M | 104.40M | 86.20M | 92.20M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 49,458,730 | 2.35B | 3.17% |
| Vanguard 500 Index Fund | Sep 30, 2024 | 40,868,906 | 1.94B | 2.62% |
| Schwab Strategic Tr-Schwab U.S. Dividend Equity ETF | Nov 30, 2024 | 39,640,822 | 1.88B | 2.54% |
| Fidelity 500 Index Fund | Nov 30, 2024 | 19,282,410 | 914.95M | 1.24% |
| SPDR S&P 500 ETF Trust | Nov 30, 2024 | 19,242,608 | 913.06M | 1.23% |
| iShares Core S&P 500 ETF | Nov 30, 2024 | 17,636,278 | 836.84M | 1.13% |
| Vanguard Index-Value Index Fund | Sep 30, 2024 | 13,200,411 | 626.36M | 0.85% |
| Select Sector SPDR Fund-Financial | Nov 30, 2024 | 11,634,842 | 552.07M | 0.75% |
| Vanguard/Windsor II | Oct 31, 2024 | 11,479,200 | 544.69M | 0.74% |
| Vanguard Institutional Index Fund-Institutional Index Fund | Sep 30, 2024 | 9,924,047 | 470.90M | 0.64% |
Article
U.S. Bancorp to Speak at Upcoming UBS and Bank of America Conferences
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp to speak at upcoming UBS and Bank of America conferences.
Feb 4, 2025
Article
Why U.S. Bancorp (USB) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does U.S. Bancorp (USB) have what it takes?
Feb 3, 2025
Article
Felicia La Forgia, Sekou Kaalund Appointed to U.S. Bank Managing Committee
MINNEAPOLIS--(BUSINESS WIRE)--Felicia La Forgia, Sekou Kaalund appointed to U.S. Bank Managing Committee.
Jan 30, 2025
